701 N Old Corry Field Rd, Pensacola, Florida 32506
Property Description
This Multi Family complex is a mix of block built homes, duplexes and mobile homes with a proven track record for bringing an investor a strong return. With 16 Units altogether – 3 Are in need of rehabilitation and 13 units are leased with transferrable deposits. Gross rents for current leases is $8,550/Month and $5,395/month Net after all maintenance, tax, trash, repairs budget and utility expenses. With 3 units that could be brought back to rented status, there is potential for more income. Owner pays water, trash, grounds maintenance, and makes all repairs. 10 Septic systems (some units share a tank) are all operational and have been personally maintained. 3 of the mobile homes do not have transferable title, and must be transferred with hold harmless. CASH ONLY – No Financing other than private loans. Ask your agent for the detail sheet provided in our documents or call today for more info!
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 655588
Price : $599,900
Year Built : 1957
Building Area : 9,000 Sqft
Status : Active
Property SubType : Other
Features
Heating System : Central, Wall/window Unit(s)
Cooling System : Central Air, Wall/window Unit(s)
Electric : Circuit Breakers
Lot Features : Corner Lot
Roof : Metal, Composition
Address Map
State : FL
County : Escambia
City : Pensacola
Zipcode : 32506
Street : 701 N Old Corry Field Rd
Floor Number : 0
Longitude : W88° 43' 39.7''
Latitude : N30° 25' 11.8''
Directions : North On Old Corry Field Rd from Barrancas